ErisX partnership with FIS will allow investors to process crypto futures through existing back-office workflows.
Cryptocurrency exchange launches custody solution alongside fully-electronic clearing and settlement for off-exchange and OTC trades.
New lending exchange claims its delivering a ‘critical piece of financial markets infrastructure to the crypto economy’.
Pete Najarian joins BitGo from Bitcoin wallet provider Xapo, and has previously worked in emerging markets sales at RBS and UBS.
Crypto lending platform’s master agreement framework similar to ISLA’s Global Master Securities Lending Agreements, ICMA/SIFMA’s Global Master Repurchase Agreements.
Crypto futures platform ErisX has been handed a derivatives clearing organisation license to clear physically delivered digital asset futures.
Clearing and settlement service to address key challenges for digital asset institutional investors such as security risk and inefficient capital allocation.
More fund administrators could enter the crypto asset servicing space in the coming months according to PwC, which highlighted the importance of independent valuation from traditional providers.
Industry veteran Nick Carmi has also held senior roles at Deutsche Bank, and worked at Barclays, Lehman Brothers, UBS and Credit Suisse early in his career.
DTCC's global head of market advocacy and innovation says asset managers and pension funds are still waiting for the right infrastructure for the trading and custody of digital assets.